U.S. Adhesive Market. Analysis And Forecast to 2030

U.S.: Adhesive Market Overview 2020

Adhesive Market Size in the U.S.

The revenue of the adhesive market in the U.S. amounted to $X in 2018, jumping by X% against the previous year. In general, adhesive consumption continues to indicate remarkable growth. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, the adhesive market attained its maximum level in 2018 and is expected to retain its growth in the immediate term.

Adhesive Production in the U.S.

In value terms, adhesive production totaled $X in 2018. Overall, adhesive production continues to indicate a buoyant increase. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Adhesive production peaked in 2018 and is likely to continue its growth in the near future.

Adhesive Exports

Exports from the U.S.

In 2018, the amount of adhesives exported from the U.S. totaled X tonnes, picking up by X% against the previous year. In general, adhesive exports, however, continue to indicate a slight drop. The pace of growth appeared the most rapid in 2017 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, adhesive exports amounted to $X in 2018. In general, adhesive exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Exports peaked at $X in 2014; however, from 2015 to 2018, exports failed to regain their momentum.

Exports by Country

China (X tonnes), Panama (X tonnes) and Brazil (X tonnes) were the main destinations of adhesive exports from the U.S., with a combined X% share of total exports. The United Arab Emirates, Saudi Arabia, South Korea, Australia, the Dominican Republic, Chile, Colombia, Nigeria and China, Hong Kong SAR lagged somewhat behind, together accounting for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by China, Hong Kong SAR, while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for adhesive exports from the U.S., comprising X% of total adhesive exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to China totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (-X% per year) and South Korea (+X% per year).

Export Prices by Country

The average adhesive export price stood at $X per tonne in 2018, remaining stable against the previous year. In general, the adhesive export price, however, continues to indicate a mild increase. The growth pace was the most rapid in 2014 when the average export price increased by X% year-to-year. Over the period under review, the average export prices for adhesives attained their peak figure at $X per tonne in 2016; however, from 2017 to 2018, export prices failed to regain their momentum.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was China ($X per tonne), while the average price for exports to Panama ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the Dominican Republic, while the prices for the other major destinations experienced more modest paces of growth.

Adhesive Imports

Imports into the U.S.

In 2018, the adhesive imports into the U.S. stood at X tonnes, shrinking by -X% against the previous year. The total import volume increased at an average annual rate of +X% from 2013 to 2018; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. In that year, adhesive imports attained their peak of X tonnes, and then declined slightly in the following year.

In value terms, adhesive imports amounted to $X in 2018. Overall, adhesive imports, however, continue to indicate a measured decrease. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. In that year, adhesive imports attained their peak of $X. From 2015 to 2018, the growth of adhesive imports remained at a lower figure.

Imports by Country

China (X tonnes), Germany (X tonnes) and the UK (X tonnes) were the main suppliers of adhesive imports to the U.S., with a combined X% share of total imports. These countries were followed by Belgium, Estonia, Italy, South Korea, the Netherlands, Turkey, Switzerland, France and Poland, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Poland (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the UK ($X) were the largest adhesive suppliers to the U.S., with a combined X% share of total imports. South Korea, Belgium, Estonia, Italy, France, Switzerland, the Netherlands, Poland and Turkey lagged somewhat behind, together comprising a further X terms of the main suppliers, Poland (+X% per year) experienced the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average adhesive import price stood at $X per tonne in 2018, rising by X% against the previous year. Overall, the adhesive import price, however, continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for adhesives reached their maximum at $X per tonne in 2014; however, from 2015 to 2018, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was South Korea ($X per tonne), while the price for Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform